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Deutsche Bank to Write Off About $3.12B | 2007-10-04

FRANKFURT, Germany (AP) -- Deutsche Bank AG said Wednesday it will write off about $3.12 billion in losses from the U.S. mortgage morass, but that gains from asset sales and tax credits will allow Germany's biggest bank to report a third-quarter profit of about $1.98 billion.

2007-10-04

Source: New York Times
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